FX.co ★ Forex Humor. A look at the Forex market with Humor
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Labubu-maker Pop Mart’s profit soars fivefold
Incredibly, profits of the Labubu toy maker have surged fivefold! The company is now leading in both profitability and sales. Bloomberg estimated that the net profit of the Labubu...
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Markets hope for dovish signals from Powell in Jackson Hole
Tension and turmoil are once again gripping global markets. All eyes are on the upcoming testimony by Federal Reserve Chairman Jerome Powell at the annual symposium in Jackson Hole. According...
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Dismissal of labor statistics head undermines trust in key economic data
Forecasts for America’s near future are darkening. Many experts fear the US could follow Greece’s fate if economic data is falsified. Tensions over the country’s economic outlook escalated after...
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Deflation pushes Beijing to chart new economic path
China’s economy is changing course slowly but unmistakably. For the ninth consecutive quarter, the GDP deflator remains in negative territory, inflation stubbornly fails to meet its target, and industry produces...
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India–China relations show positive momentum
Good news! Relations between India and China have shown positive momentum. At least, that is the view of Ajit Doval, Chief Adviser to Indian Prime Minister Narendra Modi. Should...
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Powell to recap on his tenure as Fed Chair
On the eve of the Federal Reserve’s meeting in Jackson Hole, markets are holding their breath in anticipation: what surprise awaits this time? Yes, Fed Chair Jerome Powell may catch...
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Bank of America flags bearish shift in USD amid weak US labor data
The American currency knows no peace! At one moment it soars higher, at the next it dives lower again. How can one keep up with such dynamics and still stay...
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FBI warns: beware of crypto scams!
The FBI has issued a warning regarding law firms claiming to offer services of cryptocurrency recovery. These are all scams, so do not trust them! In its official statement...
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Wellgistics rolls out XRP ledger payments for thousands of US pharmacies
Just imagine thousands of pharmacies across America are about to receive a brand-new payment solution! There is hope that this move will truly benefit the US pharmaceutical market. Wellgistics...
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China in distress: steel and coal output falls as economy slows
China faces mounting challenges: the domestic economy is losing momentum, while steel and coal production is shrinking. According to Bloomberg, steel and coal output in July dropped sharply amid worsening...